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Jake and Christina Are Married and File a Joint Return

question 109

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Jake and Christina are married and file a joint return for 2017 with taxable income of $100,000 and tax preferences and adjustments of $20,000 for AMT purposes.Their regular tax liability is $16,478.What is the amount of their total tax liability?


Definitions:

Tubular Secretion

A biological process within the nephrons of the kidneys where substances are secreted from the blood into the tubular fluid to be eliminated in urine.

Filtrate

The fluid that has passed through a filter, which typically consists of substances that remain after larger particles have been removed.

Urine Formation

The process of filtering blood and removing waste products and excess substances to produce urine.

Nephridium

Of some invertebrates, an organ that takes up body fluid and expels excess water and solutes through a pore at the body surface.

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